By Asit Manohar
The Minister of Foreign Trade of the Kingdom of Morocco and Co-Chairman of the Morocco-Indian Joint Economic Commission, Abdellatif Mazouz has urged to āspice upā its bilateral relations with India by further diversifying the mutual trade including news sectors. He said that it would enable the two countries to meet the requirements of the refined Indo-Morocco taste. He said these things while speaking at the āIndia Morocco Business Forumā organised by CII in the New Delhi on Friday.
He said that attractive sectors for cooperation are textile and clothing, ICT, automotive, pharmaceutical and food processing industries, there should be consolidation of ties by forging partnerships and Morocco is looking to India for investments in mega-projects.
Subodh Bhargava, Past President, CII & Chairman, TATA Communications Ltd said that bilateral relationship needs to be elevated to a higher trajectory and new areas of trade needs to be explored apart from the traditional trade areas of commerce. He added that CII will constitute a Task Force for India Morocco Economic Cooperation to accelerate bilateral economic relations between both the countries. This joint task force will comprise of representatives from the government and the industry.
There is lot of synergy between India and Morocco, as it offers a suitable location, right political environment where Indiaās manufacturing and services can be utilised. Government will support business to business engagements in new areas for which large institutional framework is required, said Rajiv Kher, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, who also spoke at the session. .
India is playing a very important role in world economic relations and will increasingly play a more important role in future too, said Mohamed BELMAHI, Chairman of the Joint Moroccan-Indian Business Council & former Ambassador of Morocco to India .